Egypt’s Global Telecom to move headquarters to Amsterdam

Cairo: Egypt-listed Global Telecom (GTH) will move its operational headquarter to Amsterdam from Cairo, the firm said in a statement earlier this week. “The strategic move is a natural evolution in GTH’s development following VimpleCom’s acquisition of a 51.9 per cent stake in 2011 and the reorganisation plan announced by the company on January 4, 2015,” it said. The firm will continue to have a registered office in Cairo and the move will not have an impact on its listing on the Cairo stock exchange, it said.